Fars Province: National Pilot for Value Chain Development in the Oil Industry
Oil and Petrochemicals

Fars Province: National Pilot for Value Chain Development in the Oil Industry

منبع تصویر: irna.ir

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Fars Province has been chosen as the first province in the country on the path to value chain development. This selection has been made within the framework of clause "T" of the note (2) of article (45) of the 2023 budget law. The aim of this action is to move towards chain-oriented development and to overcome isolated production in the oil and petrochemical industry.

Details of the Value Chain Development Program

Given its geographical position and existing infrastructure, Fars Province has been introduced as a model for creating value chains in the oil and petrochemical industry. This program includes four main chains designed based on regional needs and existing capacities. The desired chains include production, processing, transportation, and distribution of oil and petrochemical products.

Existing Capacities in Fars

Fars Province, with its oil and gas fields and numerous petrochemicals, has a high capacity for growth and development in this area. Specifically, the South Pars gas field, which is considered one of the largest gas fields in the world, has been regarded as one of the main pillars of this program. This field, with a daily production capacity of over 700 million cubic meters of gas, has high potential to meet domestic needs and for export.

Alongside the South Pars field, other oil and gas fields in Fars Province can also be considered strengths in this path. Planning for infrastructure development and increasing production capacities in these fields is among the goals of this project.

Consequences of Value Chain Development

Value chain development can have positive consequences for the economy of Fars Province and the country as a whole. By focusing on value chains, it will be possible to reduce costs, increase productivity, and improve product quality. Additionally, this action can contribute to creating sustainable employment and increasing tax revenues.

Ultimately, with its selection as the national pilot for value chain development, Fars Province takes a significant step towards achieving sustainable and balanced development in the oil and petrochemical industry and can serve as a model for other provinces in the country.

Source: irna.ir